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NEW YORK, NY / ACCESSWIRE / November 30, 2020 / Alt 5 Sigma Inc., an emerging leader in blockchain-based financial platforms, announced today that it has partnered with Khurram Shroff’s CanETH for the Genesis launch of Ethereum 2.0.
According to the company, the partnership seeks to facilitate Ethereum buying and staking by integrating Canada-based CanETH and the proprietary trading platform Alt 5 Pro. CanETH is a Canada-based institutional-grade staking service for holders of Ether. CanETH is supported by Khurram Shroff, based in Dubai, president of the IBC group. His Excellency, Khurram Shroff was an early adopter and is known as the “Bitcoin Whale” in the cryptocurrency industry.
As part of the partnership, Alt 5 will give its customers access to the launch of Ethereum 2.0 by integrating the CanETH staking platform and, in turn, CanETH has offered Genesis block validators exclusively to the Alt 5 Community. The global community can easily open an account, validate KYC and deposit US Dollars, Canadian Dollars or Euros to purchase ETH at ALT5 Pro Trade LLC (www.alt5pro.com), a wholly owned subsidiary of Alt 5 Sigma Inc. and enter the pooling and staking service CanETH which, according to the Ethereum Foundation, is estimated to earn 22% annually.
“The union of CanETH Pool and Alt 5 proved to be a decisive factor for the launch of Ethereum 2.0 Genesis, reaching and exceeding the deposit threshold for the entry into operation of the beacon chain”, said Khurram Shroff, President of the IBC Group of Dubai. “The partnership has provided the perfect combination of ease of investment and reliable infrastructure for those interested in being part of the Staking process,” added HE Shroff.
“We believe that the technical capability and commitment that CanETH Pool has brought to Staking for Ethereum 2.0 has proved to be a game changer within our investor pool,” said André Beauchesne, President of Alt 5 Sigma Inc. ” The partnership has facilitated the Staking process for the global cryptocurrency community, “added Beauchesne.
HE Khurram Shroff has played a crucial role in influencing and mobilizing the Ethereum community and enabling the Ethereum beacon chain to go live on schedule. Entering the Staking process when the total stake was just 80,000 Ether, his support for the launch of Ethereum 2.0 Genesis led to a tenfold increase in Stakes, to 800,000 Ether. From a position of real concern that the deposit threshold may not be met, Khurram Shroff’s leadership has been instrumental in the chain of beacons that has passed the targeted stakes, ushering in a new era for the blockchain community.
About Khurram Shroff
Khurram is an award-winning world leader in banking and finance, who has been featured on Power100’s prestigious “Top 100 Most Powerful and Influential Muslims in Britain and the World” list. He is the president of IBC Group, which is a substantial global real estate and technology investment firm based in the UAE, as well as president of Gallery Suites, which focuses on inspiring living with bespoke art collections in vacation rental properties in Middle East and Asia.
Information about IBC Group
IBC Group Limited is a substantial investment firm based in the UAE since 2014, with a focus on private equity investments in Blockchain Technology, Real Estate and Art. Since its inception, IBC Group Limited has focused on investments with a strategic, ethical and innovative strategy, leveraging on solid partnerships and cutting-edge technologies. https://www.ibccapital.org/.
About CanETH Staking Service
CanETH Staking is the smartest Ether staking service. CanETH is a decentralized global network that offers users ETH 2.0 staking. CanETH has a proprietary process to automatically update scripts based on code. This integrates with firewall rules and port forwarding to maximize staking rewards. CanETH is a participant in the Medalla testnet with active validators.
https://www.caneth.org
About Alt 5 Sigma Inc.
ALT 5 is a fintech company specializing in the development and distribution of digital asset trading and trading platforms. Alt 5 was founded by financial industry specialists out of the need to provide the digital asset economy with security, accessibility, transparency and compliance.
ALT 5 offers its clients the ability to buy, sell and hold digital assets in a safe and secure environment implemented with financial industry best practices. ALT 5’s products and services are available to banks, brokers, funds, family offices, professional traders, retail traders, digital asset exchanges, digital asset brokers, blockchain developers, and financial information providers.
ALT 5 digital asset custody services are guaranteed by GardaWorld. GardaWorld is the largest privately owned security services and business solutions company in the world, offering cash management services.
www.alt5sigma.com www.alt5pro.com www.alt5pay.com www.alt5connect.com
Contact:
Andre Beauchesne
Tel. 1-888-778-7091
[email protected]
SOURCE: ALT 5 Sigma, Inc.
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https://www.accesswire.com/618739/Alt-5-Sigma-Partners-with-Khurram-Shroffs-CanETH-for-the-Genesis-Launch-of-Ethereum-20
